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"dr-reddys"

  • Dr Reddy’s Q2 profit rises 14 per cent to Rs 1,437 crore

    Dr Reddy's Laboratories reported a 14.5 per cent rise in consolidated Q2 profit to Rs 1,437 crore, driven by strong branded sales. Revenue grew to Rs 8,805 crore, with robust performance in Europe, India, and emerging markets offsetting North America declines
  • Mexican drug regulator imposes Rs 27 lakh penalty on Dr Reddy’s

    Penalty imposed on the company for deviation from prescribed guidelines in filing intimation of import of a reference standard for one of the APIs
  • Dr Reddy’s launches anti-cancer drug ‘Versavo’ in UK

    Dr Reddy’s had launched the anti-cancer drug Versavo in India in 2019 and later it was launched in other countries, the product was launched under the brand name Persivia
  • Meet Hyderabad’s billionaires making waves on Forbes India’s Richest list

    Topping the Hyderabad billionaires in the Forbes roster is Murali Divi and family, securing the 33rd spot with a staggering net worth of $6.3 billion.
  • Dr Reddy’s inks pact with Novartis

    Hyderabad: Dr Reddy’s Laboratories entered into an exclusive sales and distribution agreement with Novartis India for the Voveran range, the Calcium range, and Methergine in India. Under the arrangement, Dr Reddy’s will have exclusive rights to promote and distribute these products in India. The company will use its strengths in promotion and distribution to considerably […]
  • DCGI grants approval to single-shot Sputnik Light for emergency use: Dr Reddy’s

    Sputnik Light is a one-dose vaccine and the same as the first component— recombinant human adenovirus serotype number 26 (rAd26) — of the two-dose Sputnik V vaccine, Dr Reddy's said in a statement.
  • Dr Reddy’s to acquire Germany-based Nimbus Health

    Hyderabad: Hyderabad-based Dr Reddy’s Laboratories entered into a definitive agreement to acquire Nimbus Health GmbH, a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis. Dr Reddy’s will acquire Nimbus Health for an upfront payment plus performance and milestone-based earn-outs over the next four years. Founded in 2018, Nimbus Health is one of […]
  • Dr Reddy’s launches Mintop for hair loss treatment

    Hyderabad: Dr Reddy’s Laboratories launched the prescription drug Minoxidil topical solution USP 2 per cent and 5 per cent for the treatment of female pattern hair loss (FPHL). The company will sell its products under the brand name Mintop. The launch follows the first-ever approval of the additional indication by the Central Drugs Standard Control […]
  • Dr Reddy’s enters into definitive agreement with Citius Pharmaceuticals

    Under the terms of agreement, Dr Reddy’s will receive $40 million upfront upon the closing of the transaction, followed by approval milestone payment of up to $40 million related to the CTCL (cutaneous T-cell lymphoma)
  • Dr Reddy’s launches generic stomach ulcer drug in US

    Hyderabad: Hyderabad-based Dr Reddy’s Laboratories launched generic Chlordiazepoxide Hydrochloride and Clidinium Bromide capsules in the US market, used for treatment of stomach ulcers, irritable bowel syndrome and inflammation of the colon. The company has launched Chlordiazepoxide Hydrochloride and Clidinium Bromide capsules USP, 5 mg/2.5 mg in the US market. The product is a generic version […]
  • Equities on tenterhooks: Covid concerns, Fed decision to induce caution

    In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.
  • Dr Reddy’s to strengthen commercial roll-out of Sputnik V in coming weeks

    Soft launch of Sputnik V vaccine reaches over 50 cities and towns, after initial launch in Hyderabad on May 14
  • Expert panel permits Dr Reddy’s to submit Sputnik Light Russian phase III data in India

    On Wednesday, the Subject Expert Committee (SEC) deliberated on the submission for Marketing Authorisation of Sputnik Light in India from Dr Reddy’s
  • Dr Reddy’s collaborates with four pharma companies for molnupiravir trial

    On successful completion of the clinical trial, each company will independently approach the regulatory authorities for approval to manufacture and supply the drug for the treatment of Covid-19 in India
  • Dr Reddy’s in final phase of Sputnik V pilot rollout

    Being a limited pilot phase presently, registration on CoWIN is not open yet to public, but will become open at the time of commercial launch.
  • Dr Reddy’s recalls 2,980 bottles of cholesterol lowering drug

    The Hyderabad-based drug major is voluntarily recalling the affected lots of the drug in 10 mg strength due to “failed impurities degradation specifications”.
  • Snowman Logistics, Dr Reddy’s partner for Sputnik V vaccine

    "With this partnership with Dr Reddy’s, we aim to reach maximum institutions administering vaccines through our five high-capacity temperature-controlled warehouses," said Sunil Nair, CEO, Snowman Logistics.
  • Legal action initiated against fraudsters, say Dr Reddy’s-RDIF

    Hyderabad firm says it will not take responsibility for the consequences of unauthorised deals, fraudulent financial transactions or sub-standard products resulting from fraud in the name of Sputnik V vaccine
  • Dr Reddy’s lines up Rs 1,000 cr capex for current fiscal

    The drug maker's growth would be primarily driven by organic moves, focusing around pipeline monetisation, productivity enhancement, diversifications.
  • Dr Reddy’s developing new treatment options for COVID-19, says MD

    The drug firm over the past few weeks has ramped up supply of multiple medicines including Remdesivir to meet the surge in demand.
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